Capitalism 3.0 - A Guide to Reclaiming the Commons

Capitalism 3.0 - A Guide to Reclaiming the Commons

Cover: Capitalism 3.0
22. Oct. 2008 by Peter Barnes
Berrett-Koehler Publishers, Inc.
pdf
Place of Publication: San Francisco
Number of Pages: 207
License: CC-BY-NC-ND 3.0

Our current version of capitalism - the corporate, globalized version 2.0 - is rapidly squandering our shared inheritances. Now, Peter Barnes offers a solution: protect the commons by giving it property rights and strong institutional managers.

Barnes shows how capitalism - like a computer - is run by an operating system. Our current operating system gives too much power to profit-maximizing corporations that devour our commons and distribute most of their profit to a sliver of the population. And government - which in theory should defend our commons - is all too often a tool of those very corporations.

Barnes proposes a revised operating system - Capitalism 3.0 - that protects the commons while preserving the many strengths of capitalism as we know it. His major innovation is the commons trust - a market-based entity with the power to limit use of scarce commons, charge rent, and pay dividends to everyone.

Capitalism 3.0 offers a practical alternative to our current flawed economic system. It points the way to a future in which we can retain capitalism's virtues while mitigating its vices.

 

Find more information on the Website of Peter Barns

 

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